June 30, 2025
mayank
Kotak Arbitrage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 40.0329
NAV IDCW Monthly: Rs 11.1956
Suitable For Which Investors?
“Arbitrage funds invest in equity shares and derivatives, and earn their returns through the price differential between a stock and its futures. You can expect to earn better returns than what you would get from a bank account.
They are usually suitable to park your money for a period ranging between three months to a year. However, we believe that liquid funds, which have a similar risk-return payoff, are a better alternative for most investors for such a time frame. Arbitrage funds may have some appeal for those who are in the highest tax bracket, given the preferential tax treatment of these funds.
The risk of incurring a loss in these funds over the said time frame is low but they do not guarantee returns or safety of capital.
Remember, these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme aims to generate income through arbitrage opportunities emerging out of pricing anomaly between the spot & futures market; and also through deployment of surplus cash in fixed income instruments.
Fund Manager:
1) Hiten Shah
Education: Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
Experience: Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 1 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 30 days |
Basic Details of Kotak Arbitrage Fund
| Fund House | Kotak Mahindra Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.12% |
| Benchmark | NIFTY 50 Arbitrage TRI |
| Riskometer | Low |
| Type | Open-ended |
| Assets | Rs 67,362 Cr |
| (As on 31-May-2025) | |
| Expense | 0.44% |
| (As on 31-May-2025) | |
| Risk Grade | Average |
| Return Grade | High |
| Turnover | 1971.06% |
Trailing Returns (%) of Kotak Arbitrage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Kotak Arbitrage Dir | 3.75 | 0.03 | 0.70 | 1.95 | 3.82 | 7.69 | 7.72 | 6.35 | 6.41 | 6.51 |
| CCIL T Bill Liquidity Weight | 2.75 | 0.10 | 0.45 | 1.52 | 2.75 | 5.23 | 4.55 | 3.53 | 3.74 | 3.94 |
| Hybrid: Arbitrage | 3.59 | 0.03 | 0.66 | 1.89 | 3.65 | 7.41 | 7.37 | 6.01 | 6.07 | 6.35 |
| Rank within category | 7 | 18 | 4 | 8 | 7 | 4 | 2 | 2 | 2 | 3 |
| Number of funds in category | 31 | 32 | 32 | 31 | 31 | 27 | 24 | 23 | 18 | 14 |
Peer Comparison of Kotak Arbitrage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Kotak Arbitrage Dir | 4 star | 7.69 | 7.72 | 6.35 | 0.44 | 67,362 | 7.12 | 0.25 (30) | 12Y 5M | 1971.06 |
| Invesco India Arbitrage Dir | 5 star | 7.66 | 7.79 | 6.36 | 0.39 | 22,341 | 6.97 | 0.50 (15) | 12Y 5M | 1712.00 |
| ABSL Arbitrage Dir | 4 star | 7.76 | 7.60 | 6.19 | 0.31 | 18,204 | 7.01 | 0.25 (15) | 12Y 5M | 1161.00 |
| Edelweiss Arbitrage Dir | 4 star | 7.70 | 7.66 | 6.30 | 0.38 | 15,137 | 6.88 | 0.25 (15) | 11Y | 314.00 |
| Tata Arbitrage Dir | 5 star | 7.74 | 7.65 | 6.30 | 0.31 | 14,982 | 6.52 | 0.25 (30) | 6Y 6M | 485.29 |
Portfolio Analysis of Kotak Arbitrage Fund
| No. of Stocks | 198 |
| Top 10 Holdings | 35.92% |
| Top 5 Stocks | 26.04% |
| Top 3 Sectors | 0.60% |
| Portfolio P/B Ratio | 3.16 |
| Portfolio P/E Ratio | 21.75 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,44,693 | 2,29,834 |
| Giant (%) | 63.33 | 55.73 |
| Large (%) | 25.58 | 27.06 |
| Mid (%) | 10.68 | 17.93 |
| Small (%) | 0.41 | 0.59 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 396 | 258 |
| Macaulay Duration (yrs) | 0.62 | 0.38 |
| Average Maturity (yrs) i | 0.62 | 0.41 |
| Yield to Maturity (%) | 6.35 | 6.15 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Kotak Arbitrage Fund
WILL Post Soon
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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